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UNO Minda Limited Allots Shares Under Employee Stock Option Scheme

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UNO Minda Limited Allots Shares Under Employee Stock Option Scheme

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An update from UNO Minda Limited ( (IN:UNOMINDA) ) is now available.

UNO Minda Limited has announced the allotment of 61,600 equity shares under its Employee Stock Option Scheme 2019. This move, approved by the Nomination & Remuneration Committee, increases the company’s paid-up equity share capital and is part of its ongoing efforts to incentivize employees. The shares will be listed on NSE and BSE, although the company notes that this allotment is not material in nature. This development reflects UNO Minda’s commitment to employee engagement and aligns with its strategic goals, potentially impacting its market positioning positively.

More about UNO Minda Limited

UNO Minda Limited operates in the automotive industry, specializing in the production of automotive components. The company focuses on providing a wide range of products and services to the automotive sector, enhancing vehicle performance and safety.

Average Trading Volume: 31,117

Technical Sentiment Signal: Buy

Current Market Cap: 711.2B INR

For an in-depth examination of UNOMINDA stock, go to TipRanks’ Overview page.

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